Features

• Essential, Global-Tenant | 7-Eleven | “AA-” Standard and Poor’s Credit Rating
  • Over 71,000 Locations Globally | 14,000 Locations Nationally
  • $61 Billion in 2020 Sales
• Corporately Guaranteed, Triple-Net Lease with 9.5 Years Remaining
  • Zero Landlord Responsibilities
  • Four, Five-Year Options Remaining with 10 Percent Rental Increases
  • Corporately Guaranteed by 7-Eleven Incorporated
• Long Operating History | Tenant has Occupied Space Since 2002
• Situated on a Heavily Traveled, Signalized, Hard-Corner Intersection
  • 34,400 Total Vehicles Passing per Day
• Excellent Real Estate Fundamentals
  • 23 Surface Spaces
  • High Daytime and Nighttime Foot Traffic | Walk Score of 77, “Very Walkable” (WalkScore.com)
  • Adjacent to Chicago Public Library Northtown Branch and Senior Housing Development
    • Newer, Modernized Branch, Opened in March 2019 | $300 Million Development
    • 44 One-Bedroom Apartments
• Located in a Heavily Populated Area | 204,018 People Live Within Two Miles of Subject Property with an Average Household Income of $84,809
• Situated in the Thriving West Ridge Neighborhood of Chicago
  • Known as One of the Most Diverse Areas in Chicago | Home to the Midwest’s Largest Hasidic Community, as well as other Jewish, Irish-American, German-American, Indian, Pakistani, Bangladeshi, Assyrian, Russian, and Korean Immigrant Communities
  • Devon Avenue | High Trafficked Area Due to Many Authentic Restaurants, Traditional Bakeries, Clothing Shops, and International Grocers

Contact

AUSTIN WEISENBECK
Senior Vice President Investments
Tel: (630) 570-2169
Austin.Weisenbeck@marcusmillichap.com
* Broker of Record: Steven Weinstock